Actuate Named Key SaaS Player in Montclair Advisors’ 2012 SaaS Top 250 Report

  Actuate Named Key SaaS Player in Montclair Advisors’ 2012 SaaS Top 250
  Report

Business Wire

SAN MATEO, Calif. -- February 14, 2013

Actuate Corporation (NASDAQ: BIRT), The BIRT Company™ – delivering more
insights to more people than all BI companies combined – today announced it
has been recognized as a member of the 2012 Global SaaS Top 250 company
listing by Montclair Advisors.

“Actuate, like all 2012 SaaS 250 companies, has excelled in developing
innovative cloud based products to meet evolving business needs,” said Kevin
Dobbs, Managing Partner at Montclair Advisors. "Montclair Advisors
congratulates Actuate for its remarkable SaaS achievements.”

Actuate makes enterprise level Business Intelligence (BI) available for
everyone through BIRT onDemand, a robust Platform as a Service (PaaS) offering
based upon ActuateOne. Using BIRT onDemand, organizations can incrementally
add new BI capabilities quickly and transparently to meet end user demand.
Underpinned by BIRT iHub, organizations can access data in any
format—including Big Data—and provide users with unprecedented access to this
data on demand.

“As an organization, we strive to provide our customers with a flexible
environment to build, deploy, and access their data—wherever they are,” said
Nobby Akiha, SVP of Marketing at Actuate. “BIRT onDemand offers a turnkey,
fully managed, scalable and customizable Cloud BI solution, so end-users can
invest their time and money into delivering business insights rather than
managing their IT environment.”

The SaaS Top 250 debuted in 2010 providing a comprehensive view of the leading
companies that make up the dynamic Cloud-based software market. The selected
companies are comprised of start-ups, as well as notable public SaaS firms who
are leading the pure and hybrid SaaS categories globally.

About Montclair Advisors

Montclair Advisors provides personalized Software-as-a-Service advisory
services designed to help SaaS-based and non-SaaS-based software companies
optimize their business models, improve revenues, control costs and deliver
world-class software. Montclair develops the leading report on the top 250
SaaS companies globally and provides strategic analysis trusted by industry
leaders. Located in Oakland, California, the Montclair team offers critical
insights and SaaS-related solutions addressing products, revenues and
strategy. The results allow software companies to improve competitiveness,
revenue performance and profitability. Visit montclairadvisors.com for more
information.

Actuate – The BIRT Company^™

Actuate founded and co-leads the BIRT open source project, which is used by
more than 2 million developers around the globe and serves as the foundation
of the ActuateOne^® platform. Applications built on ActuateOne deliver more
business and consumer insights to more people than all BI companies combined -
ensuring organizations are ready for the exponential growth of Big Data and
the proliferation of touch devices.

The ActuateOne platform empowers developers to rapidly develop custom,
BIRT-based business analytics  and customer communications applications.
ActuateOne applications built with one BIRT design can access and integrate
any data, including unstructured sources. They provide one user experience
regardless of skill level and are supported by one platform for any cloud,
hybrid, on-premise, web or touch device deployment.

Headquartered in Silicon Valley, Actuate has over 5,000 customers globally in
a diverse range of business areas including financial services,  technology
and the public sector. Actuate is listed on NASDAQ under the symbol BIRT. For
more information, visit www.actuate.com or engage with the BIRT community at
www.birt-exchange.com.

Copyright © 2013 Actuate Corporation. All rights reserved. Actuate,
ActuateOne, and the Actuate logo are registered trademarks of Actuate
Corporation and/or its affiliates in the U.S. and certain other countries. The
use of the word “partner” or “partnership” does not imply a legal partnership
relationship between Actuate and any other company. All other brands, names or
trademarks mentioned may be trademarks of their respective owners.

Contact:

Actuate
Leena Bengani, +1-650-645-3837
lbengani@actuate.com